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USDCHF Weekly Technical Outlook 22-28 February, 2016 | February 21, 2016



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Usdchf has found some resistance at 200 ema on h4 time frame. It has rejected from that ema. On the chart, we can see big bearish rejection candle which can be indication for bearish mode on this pair.


0.9950 level can good sell level for this pair. Below this level, we should stay on sell mode. Next target for sell on this pair can be 0.9700 level.


0.9950 level has a horizontal resistance. So this level can resist this pair to continue its bullish movement. So we should go for sell now on this pair.


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